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> if you look at the financial code, it would fit on a screen This is exactly why people shouldn't be afraid at somebody else looking at the code. What is imp
by coliveira 11y ago
> if you look at the financial code, it would fit on a screen
This is exactly why people shouldn't be afraid at somebody else looking at the code. What is important here is not specifically the code that is implemented, but the ideas, model testing, analytical thinking that went into the writing of those few lines. The problem with many researchers in this area is to think that it would be easy to go from an idea or simple implementation into a full investment system. Most of these ideas have already been published, it is just that few people know how to use them to make money.
- lordnacho 11y agoThat's right. A lot of "ideas" are really a bit useless if you don't have infrastructure to execute them. Normally this means "how can I make these trades as cheaply as possible? And without moving the market?". For instance, anyone can pick up a paper about fundamentals (or the Bible, aka Graham and Dodd) and see why it might work. To make money there's a lot of dirty work. Getting some data, making sure it's clean, thinking about biases, getting some lines in to do the trading, coding up a trading engine, writing back office code, getting someone to stare at it all day, and so on.